Hand Benefits & Trust Company
Hand Benefits & Trust Company (HB&T), a BPAS
company, is a state-chartered trust company
serving the retirement industry since 1963. HB&T,
headquartered in Houston, is regulated by the Texas
Department of Banking and is one of the country’s
largest full service trust companies dedicated to
retirement plans.

*Assets are as of December 31, 2011, based on data published
in the December 24, 2012 issue of Pensions and Investments.

of $10,000
*The fund expense ratio has 44Growth
bps of service
fees payable to the plan’s service
providers. The total
expense ratio
includes
the2030
fund expense
ratio and the weighted
0.00%
-35.69%
Morningstar
Target
Date
TR
average ETF expense.
Growth of $10,000

Illustrates a $10,000 investment made on 5/31/2007 with no additional deposits.
Performance prior to February 1, 2011 is back-tested while performance after February 1, 2011 is based on actual results. Hypothetical, CALEND
back-tested performance information for the Fund is for illustrative purposes only and does not represent actual Fund performance.
Hypothetical, back-tested performance has inherent limitations and is not indicative of future results. No representation is being made
that the Fund will achieve performance similar to that shown. The hypothetical performance does not reflect brokerage fees but is net of
stated Fund expenses.

Past Performance is no guarantee of future results and the actual performance of the benchmark and the Fund may be lower or higher than the hypothetical past performance shown above. Fund returns are
CALENDAR YEAR HYPOTHETICAL & ACTUAL RESULTS ($) 5/31/07 - 12/31/12
calculated net of fees. Fund returns are compared to the Morningstar Target Date 2030. Performance prior to February 1, 2011 is back-tested while performance after February 1, 2011 is based on actual results.
Date prior to actual inception is representative of the manager’s performance of a like strategy.
Inception
date used in12/31/2009
the hypothetical
return is May
31, 2007. 12/31/2012
12/31/2007
12/31/2008
12/31/2010
12/31/2011

Trademark Capital Target Retirement 2030

Trademark Capital 2030 Fund Class R4

Target and Actual Allocation

Growth of $10,000

0.00%

-20.18%

18.49%

9.33%

-2.50%

8.09%

$10,000

$10,508

$8,388

$9,939

$10,866

$10,595

6/30/2013
Target
Allocation
0.00%
-35.69%
28.65%
13.42%

Morningstar
Target Date 2030 TR
The actual allocation of the fund may differ
from the target
allocation depending on the current position of the RiskGrowth of $10,000
Management Overlay.

The Risk Management Overlay can reduce exposure to the
“equity” portion of the glide path when our model indicates
periods of elevated market risk. The Risk Management
Overlay provides higher levels of capital protection up to
and “through” retirement for the near-dated Funds [2010,
2020 and 2030], while allowing for a higher standard
deviation (i.e. up/down volatility) in the longer-dated Funds
[2040 & 2050].

Key Considerations

A one-step, broadly diversified, ‘managed for you’ solution
that adjusts to an investors age, as well as, changes in the
financial markets.
A winning combination - Combining Wilshire’s glide path
expertise with a proprietary downside protection strategy
that has been used in client accounts since 1991.
A balanced approach - The management style not only
balances risk with return, but also seeks to improve
performance per unit of risk over traditional “diversified”
portfolios.
A great value - The underlying securities are exchangetraded funds (ETFs) resulting in significant cost savings.

*The fund expense ratio has 44 bps of service fees payable to the plan’s service
providers. The total expense ratio includes the fund expense ratio and the weighted
average ETF expense.

IMPORTANT RISK CONSIDERATIONS

The Trademark Capital Target Retirement Funds are Collective Investment Funds (CIFs) sponsored by Hand Benefit & Trust Company. The
CIFs are not mutual funds and shares are not deposits of Hand Benefits & Trust, a BPAS company, or Trademark Capital Management,
and are not insured by the Federal Deposit Insurance Corporation or any other agency. The CIFs are securities which have not been
registered under the Securities Act of 1933 and are exempt from investment company registration under the Investment Act of 1940.
As defined in the Declaration of Trust and Participation Agreement documents, the Funds are available for investment by eligible
qualified retirement plan trusts only. Principal invested is not guaranteed at any time, including at or after the fund’s specific target
retirement date. Participants and beneficiaries may experience losses near, at or after the target date and there is no guarantee that
the investment will provide adequate retirement income. The participants and beneficiaries on whose behalf assets are invested in a
QDIA have the right to direct the investment to any other investment alternative under the plan, subject to any fees or limitation that
may apply to such transfer under the plan.
Principal Risks - Any of the principal risks summarized below may adversely affect the Fund’s net asset value, performance and ability
to meet its investment objective. Active Management: The investment is actively managed and subject to the risk that the advisor’s
usage of investment techniques and risk analyses to make investment decisions fails to perform as expected, which may cause the
portfolio to lose value or underperform investments with similar objectives and strategies or the market in general. Target Date: Targetdate funds, also known as lifecycle funds, shift their asset allocation to become increasingly conservative as the target retirement year
approaches. Still, investment in target date funds may lose value near, at, or after the target retirement date, and there is no guarantee
they will provide adequate income at retirement. Underlying Fund/Fund of Funds: A portfolio’s risks are closely associated with the
risks of the securities and other investments held by the underlying or subsidiary funds, and the ability of the portfolio to meet its
investment objective likewise depends on the ability of the underlying funds to meet their objectives. Investment in other funds may
subject the portfolio to higher costs than owning the underlying securities directly because of their management fees. ETF: Investments
in exchange-traded funds generally reflect the risks of owning the underlying securities they are designed to track, although they may
be subject to greater liquidity risk and higher costs than owning the underlying securities directly because of their management
fees. Shares of ETFs are subject to market trading risk, potentially trading at a premium or discount to net asset value. Suitability:
Investors are expected to select investments whose investment strategies are consistent with their financial goals and risk tolerance.
The target-date fund should be selected based on factors in addition to age or retirement date, including investment objectives, time
horizon, risk tolerance and fees and the stated asset allocation may be subject to change. It is possible to lose money by investment
in the fund including at and after the target date. The glide path methodology assumes at the target retirement age the participant
or beneficiary withdraws 5% of the account value per year. The Trademark Capital Target Retirement Funds performance prior to
February 1, 2011 represents hypothetical back-tested results for the funds while performance after February 1, 2011 is based on
actual results. The performance results reflect the reinvestment of dividends and other account earnings, and the maximum Fund
investment management fee that would have been charged by Trademark had Trademark managed the Fund during the corresponding

0.46%

Beta

0.56
0.89
10.42%

Sharpe Ratio

0.16

Annual Portfolio Turnover

79%

Inception Date

2/1/2011
1

Fund vs. the S&P 500

CALENDAR YEAR

time period plus estimated corresponding Fund expenses (estimated at 0.90% annually), and any separate fees assessed directly
by each security (mutual funds, exchange-traded funds, etc.) that comprised the portfolio. Therefore all results are net of fees. As
market conditions fluctuate, the investment return and principal value of any investment will change. Diversification may not protect
against market risks. There are risks involved with investing, including possible loss of principal. Different types of investments and/or
investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy
(including the investments purchased and/or investment strategies devised or undertaken
by Trademark)Capital
will be profitable.
Trademark
2030 Fund Class

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future
Morningstar
Date
2030
performance will be profitable, equal the performance results reflected, or equal the corresponding
historicalTarget
benchmark
index.
The historical performance results for the benchmark does not reflect the deduction of transaction and custodial charges, or the
deduction of an investment management fee, the incurrence of which would have the effect of decreasing indicated historical
performance results. Benchmarks are unmanaged and one cannot invest directly in a benchmark. The historical performance results
for the benchmark is provided exclusively for comparison purposes only, so as to provide general comparative information to assist
an individual client or prospective client in determining whether Trademark Funds meets, or continues to meet, his/her investment
objective(s). Please Also Note: (1) performance results do not reflect the impact of taxes; (2) It should not be assumed that account
holdings will correspond directly to any benchmark index; and, (3) comparative indices may be more or less volatile than the Trademark
Funds.

R4

-

TR

-

CALENDAR YEAR HYPOTH

12/

Trademark Capital 2030 Fund Class R4

The performance results (5/31/07-12/31/10) reflect hypothetical, back-tested results, that were achieved by means of the retroactive
application of a back-tested portfolio and, as such, the corresponding results have inherent limitations, including: (1)
Fund results
do
Growth
of $10,000
not reflect the results of actual trading using client assets, but were achieved by means of the retroactive application of each of the
referenced portfolios, certain aspects of which may have been designed with the benefit of hindsight; (2) back-tested performance
Morningstar Target Date 2030 TR
may not reflect the impact that any material market or economic factors might have had on the adviser’s use of the hypothetical
portfolio if the portfolio had been used during the period to actually mange client assets; and, (3) Trademark’s clients may have
$10,000
experienced investment results during the corresponding time periods that were materially different from thoseGrowth
portrayed of
in the
portfolio. Hypothetical performance results have been compiled solely by Trademark, are unaudited, and have not been independently
verified. Trademark maintains all information supporting the performance results in accordance with regulatory requirements.
Information pertaining to Trademark’s advisory operations, services, and fees is set forth in Trademark’s current disclosure statement,
a copy of which is available from Trademark upon request. Performance results have been compiled solely by Trademark, are
unaudited, and have not been independently verified. Trademark maintains all information supporting the performance results
in accordance with regulatory requirements. Benchmark performance reflects results as reported directly by each respective
index and/or obtained by Trademark from other reliable sources, and have not been independently verified by Trademark.